JohnB5677
Expert Alumni

Deductions & credits

Yes, You can enter this in the Investment Income section. 

 

However, you cannot take a loss on personal property such as cars, second homes, and other items used for personal use.  TurboTax will ask about any items withdrawn for personal use to exclude them from deductions.

 

Income & Expenses

  1. Scroll to Stocks, Mutual Funds, Bonds, Other
  2. Answer Yes to Did you sell stocks, mutual funds, bonds, or other investments in 2020?
  3. On the OK, what type of investments did you sell? 
  4. Continue from here
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